29 February 2024 false No description of principal activity Taxfiler 2024.6 05090216business:PrivateLimitedCompanyLtd2024-02-292025-02-28 050902162024-02-28 050902162024-02-292025-02-28 05090216business:AuditExemptWithAccountantsReport2024-02-292025-02-28 05090216business:FilletedAccounts2024-02-292025-02-28 050902162025-02-28 05090216business:Director12024-02-292025-02-28 05090216business:Director22024-02-292025-02-28 05090216business:Director32024-02-292025-02-28 05090216business:RegisteredOffice2024-02-292025-02-28 050902162024-02-28 05090216core:WithinOneYear2025-02-28 05090216core:WithinOneYear2024-02-28 05090216core:AfterOneYear2025-02-28 05090216core:AfterOneYear2024-02-28 05090216core:ShareCapitalcore:PreviouslyStatedAmount2025-02-28 05090216core:ShareCapitalcore:PreviouslyStatedAmount2024-02-28 05090216core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-02-28 05090216core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-02-28 05090216core:PreviouslyStatedAmount2025-02-28 05090216core:PreviouslyStatedAmount2024-02-28 05090216business:SmallEntities2024-02-292025-02-28 05090216countries:EnglandWales2024-02-292025-02-28 05090216core:PlantMachinery2024-02-292025-02-28 05090216core:PlantMachinery2024-02-28 05090216core:PlantMachinery2025-02-28 050902162023-03-012024-02-28 iso4217:GBP xbrli:pure
Company Registration No. 05090216 (England and Wales)
FAIRVIEW FARM AGRICULTURAL ENGINEERING LTD Unaudited accounts for the period from 29 February 2024 to 28 February 2025
FAIRVIEW FARM AGRICULTURAL ENGINEERING LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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FAIRVIEW FARM AGRICULTURAL ENGINEERING LTD Company Information for the period from 29 February 2024 to 28 February 2025
Directors
Ian Gregg D Cox William Ian Gregg
Company Number
05090216 (England and Wales)
Registered Office
FAIRVIEW FARM STUD MAIN ROAD RAVENSHEAD NOTTINGHAMSHIRE NG15 9GS
Accountants
Cramar Ltd Suite 8, Stapleford Business Hub 1 Toton Lane Stapleford Nottingham NG9 7JQ
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FAIRVIEW FARM AGRICULTURAL ENGINEERING LTD Statement of financial position as at 28 February 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
412,810 
370,873 
Current assets
Inventories
428,362 
448,528 
Debtors
5
15,512 
106,551 
Cash at bank and in hand
40,001 
29,482 
483,875 
584,561 
Creditors: amounts falling due within one year
6
(61,797)
(201,647)
Net current assets
422,078 
382,914 
Total assets less current liabilities
834,888 
753,787 
Creditors: amounts falling due after more than one year
7
(399,014)
(361,689)
Net assets
435,874 
392,098 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
435,872 
392,096 
Shareholders' funds
435,874 
392,098 
For the period ending 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 30 June 2025 and were signed on its behalf by
Ian Gregg Director Company Registration No. 05090216
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FAIRVIEW FARM AGRICULTURAL ENGINEERING LTD Notes to the Accounts for the period from 29 February 2024 to 28 February 2025
1
Statutory information
FAIRVIEW FARM AGRICULTURAL ENGINEERING LTD is a private company, limited by shares, registered in England and Wales, registration number 05090216. The registered office is FAIRVIEW FARM STUD, MAIN ROAD RAVENSHEAD, NOTTINGHAMSHIRE, NG15 9GS.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
5% Reducing Balance
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 29 February 2024
570,641 
Additions
63,663 
At 28 February 2025
634,304 
Depreciation
At 29 February 2024
199,768 
Charge for the period
21,726 
At 28 February 2025
221,494 
Net book value
At 28 February 2025
412,810 
At 28 February 2024
370,873 
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
15,512 
106,551 
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FAIRVIEW FARM AGRICULTURAL ENGINEERING LTD Notes to the Accounts for the period from 29 February 2024 to 28 February 2025
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
10,468 
10,648 
VAT
2,071 
17,990 
Trade creditors
48,118 
169,373 
Taxes and social security
1,140 
3,636 
61,797 
201,647 
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
- 
10,069 
Obligations under finance leases and hire purchase contracts
399,014 
351,620 
399,014 
361,689 
8
Average number of employees
During the period the average number of employees was 0 (2024: 0).
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